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EUR/USD Analysis: Relentless rally remains unabated, fresh 2-year tops and counting

EUR/USD attracted some dip-buying on Thursday amid the emergence of some fresh USD selling. Growth concerns, fiscal impasse, a steep decline in the US bond yields weighed heavily on the buck. The strong move up extended through the Asian session on Friday and pushed the pair to 1.1900. The EUR/USD

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USDJPY Near Term: Downside favored Time 28-07-2020 05:25:00 Pivot 107.30 Technical View Short position below 107.3. Targ... More

Gold Futures: Still room for further upside

Open interest and volume in Gold futures markets shrunk by around 11.7K contracts and by nearly 114.5K contracts, respectively, on Thursday, according to preliminary readings from CME Group. Gold remains focused on the $2,000 level Thursday’s negative price action in the precious metal was accompani

European Shares Seen Tad Higher After Fed Decision

European stocks are set to open a tad higher on Thursday after the U.S. Federal Reserve sent a more dovish message at the July meeting. Asian markets advanced on hopes of fresh policy easing measures from central banks, though an impasse in U.S. economic negotiations and another record day for co

Hong Kong Stock Market May Extend Thursday's Losses

The Hong Kong stock market on Thursday ended the two-day winning streak in which it had advanced almost 280 points or 1.2 percent. The Hang Seng Index now rests just above the 24,710-point plateau and it's expected to see continued consolidation on Friday. The global forecast for the Asian markets
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Gold Price Analysis: $1974 challenges bull’s commitment, $2000 still in sight – Confluence Detector

Gold (XAU/USD) extends its steady recovery mode on Friday, as the bulls look to retest the record highs of $1981.34. The persistent weakness in the US dollar remains the main catalyst behind gold’s surge. The bright metal is set to book the best month in over four months while the greenback eyes the

As Altcoin Season Presses on, What’s Next for Crypto Futures?

Photo: Image source: TheBigWord Bitcoin seems as though it may be finally breaking out of its two-month long period of stagnancy: this week, BTC shot up and over the $10,000 mark, and at press time, had landed around $11,000. This could have big implications in terms of renewed on Bitcoin in spot
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EURUSD Near Term: Upside favored Time 29-07-2020 05:41:00 Pivot 1.1600 Technical View Long position above 1.16. Target 1.179. Conversely, break below 1.16, to open 1.154. Comments The pair remain...

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